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  • Reviews (1)
  • Comments (3)
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Impostol

5

New indicator Impostol is based on the relative strength index (RSI) and trend indicator ADX. With it, you can identify a trend for your trade. Its signals are easy ti interpret, because it shows the recommended entries using up and down arrows. The indicator has a minimum of settings and is easy to use.


Impostol Expert for MetaTrader 4 — HERE


Main features

  • Uses arrows to show market entry points.
  • The indicator is not redrawing.
  • Recommended timeframe is H1 and higher (lower timeframes can show false signals).
  • Recommended currency pairs: EURUSD, USDCHF, GBPUSD, USDJPY, USDCAD.


Indicator Parameters

  • BarsToProcess — number of processed bars.
  • Sensitivity — Sensitivity of indicator.
  • Distance — indent of arrows from lows and highs respectively.
  • SizeArrow — size of arrows (up to 3).
  • Buy Label Color — Color of Sell signal
  • Sell Label Color — Color of Buy signal
  • Type of Notification:
   ALL,        // All Notifications
   PUSH,       // Push Notification
   MAIL,       // Mail Notification
   ALERT,      // Alert Notification
   NONE        // Without Notification


Points to remember for trading

After the first buy (sell) signal additional buy (sell) signals can appear on following bars which is an additional confirmation of the signal and continuation of a current trend. A signal which is opposite to the initial one or a definite profit can be a signal for closing a position.

Reviews 1
jabautista
3376
jabautista 2022.03.02 06:19 
 

I'm still learning this indicator, but so far it has been good. The support has been excellent.

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This robot operates based on the Parabolic SAR indicator. Verion for MetaTrader4 here . The advanced EA version includes the following changes and improvements: The EA behavior has been monitored on various account types and in different conditions (fixed/floating spread, ECN/cent accounts, etc.) The EA functionality has been expanded. Features better flexibility and efficiency, better monitoring of open positions. Works on both 4 and 5 digits brokers. The EA does not use martingale, grid or arb
The Market Reversal Catcher indicator looks for market reversal points or major pullback. To do this, it analyzes previous price movements and using a flexible algorithm for estimating the probability of a reversal, also gives recommendations on entry points and sets recommended profit targets for positions opened on a signal. Market Reversal Cather User Guide -   Read Version for MetaTrader 4 - here The indicator is very easy to use and does not require a lot of information to understand how it
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jabautista
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jabautista 2022.03.02 06:19 
 

I'm still learning this indicator, but so far it has been good. The support has been excellent.

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Version 2.1 2022.02.15
Updates for the current terminal
Version 2.0 2019.06.23
— Added notifications;
— Added setting the color of the signals;
Version 1.7 2019.05.11
— Bug fixes
Version 1.6 2018.10.28
- Улучшена производительность
Version 1.5 2017.02.09
- Reworked the algorithm of the sensitivity.
- Improved performance.
Version 1.1 2015.03.25
- Improved and expanded algorithm ща entry signals.
- Completely new logic of filtering of false signals.
- Bug fixes.
- Optimization and sensitivity adjustment.